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Consumer confidence skyrockets amid coronavirus, recession – NEWS.com.au
Consumer confidence skyrockets amid coronavirus, recession
Yet more evidence that we are having the worlds weirdest year. First we found out average incomes had gone up in a recession. Then we found out total mortality had fallen in a pandemic. Now we discover consumer confidence has bounced so high it is higher than it was before any of us had heard of the coronavirus.
Westpac and the Melbourne Institute measure consumer confidence every month. This month the results came back and they were astonishing. The big collapse in confidence that began back i…
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